PPP Loan information for Network designs, inc.

$1,265,900

Network designs, inc. was initially approved for PPP Loan of amount $1,265,900, the current approved amount is $1,265,900. The loan was approved on 04/07/2020 by The United Bank reported 59 jobs and $1,265,900 was used to fund payroll.

Network designs, inc. is Existing or more than 2 years old

NETWORK DESIGNS, INC.

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NETWORK DESIGNS, INC.

Borrower Address

1651 Old Meadow Road Suite 105

Borrower City

MC LEAN

Borrower State

VA

Borrower Zip

22102-4308

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1265900.00

Current Approval Amount

1265900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MC LEAN

Project County Name

FAIRFAX

Project State

VA

Project Zip

22102-4308

CD

VA-11

Jobs Reported

59

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1265900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1280668.83

Forgiveness Date

06/17/2021

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